[1]We have explained the complications of China's monetary policy efforts [4], trade-financing shenanigans [5], 'peculiarly stable' headline macro data in the face of collapsing real data [6], and the 'hangover' effect of China's seemingly-terrified-for-reality-to-peek-through credit injections... [7] but sometimes, a brief 30 second clip is all that is needed to explain just how it all works in China...
... And yes, someone was aboard this launch from a Chinese vessel...
h/t @noalpha_allbeta
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Links:
[1] http://www.zerohedge.com/users/tyler-durden
[2] http://www.zerohedge.com/taxonomy_vtn/term/139
[3] http://www.zerohedge.com/taxonomy_vtn/term/10014
[4] http://www.zerohedge.com/news/2014-07-28/chinas-qe
[5] http://www.zerohedge.com/news/2014-09-25/china-faked-forged-documents-exports-and-imports-least-10-billion-fake-trade-exposed
[6] http://www.zerohedge.com/news/2014-07-22/chinese-premier-li-admits-central-planning-may-not-be-optimal
[7] http://www.zerohedge.com/news/2013-04-11/true-chinese-credit-bubble-240-gdp-and-soaring
